Financial analysis is the
process of evaluating business proposals, projects, budgets and
other finance-related entities to determine their performances and
economic viability. Typically, financial analysis is conducted to
determine whether an entity is stable, solvent, liquid or profitable enough to
warrant a monetary investment.This is particularly important in credit risk
evaluation and loan approval process in a bank or financial institution. For
bank officers employed in banking institutions, financial analytical skills are
key requirements for front lien banking operations.
Financial analysis covers
the assessment of business profitability and returns on investment, the
financial risk structure and asset management of a business corporation. The
outcome of an exercise of financial analysis is then applied to formulate
business plans and forecasts for the future.The bank officer would then be able
to make appropriate loan recommendations. The financial analysis work is a set
of continuous and regular activities in financial institutions, investment
houses as well as in the finance departments of the large corporations.
Financial statement analysis,
on the other hand, is a subset of the whole body of business analysis
of an organization and its business performance. It covers an assessment of the
financial statements and plans of the business as well as its past performance
and financial condition. While this is an integral part of financial analysis,
there is more analysis work beyond the financial report.
This financial assessment skills
area crucial skill for executives working in the banking and financial services
industry. It is also invaluable in a range of business and investment decisions
and the ability to conduct financial analysis is a strategic skill in corporate
business and management. It requires both sound knowledge of basic finance and
a critical thinking mindset. The financial analytical skills gained here at ANZ
Institute are therefore essential for a banking career as well as for the
pursuit of entrepreneurial ambition and corporate success.
Delivery Method :-
Self-paced
online learning through the ANZI learning management system (6 months)
Assessment.
Online assessment :-
Certificate
of attainment awarded for achieving satisfactory score
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